Company Registration No. 07592170 (England and Wales)
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Unaudited accounts
for the year ended 31 December 2018
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Unaudited accounts
Contents
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Company Information
for the year ended 31 December 2018
Directors
Gabriel Gringo Orakpo
Ezekiel Olaitan Obileye
Olufunsho Abidemi Ojuola
Company Number
07592170 (England and Wales)
Registered Office
RCCG COVENANT RESTORATION ASSEMBLY
UPPER SPON STREET
COVENTRY
CV1 3BL
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Statement of financial position
as at
31 December 2018
Tangible assets
168,362
181,854
Cash at bank and in hand
21,132
10,319
Creditors: amounts falling due within one year
(11,675)
(5,102)
Net current assets
23,228
18,153
Total assets less current liabilities
191,590
200,007
Creditors: amounts falling due after more than one year
(66,285)
(69,044)
Net assets
125,305
130,963
Profit and loss account
125,305
130,963
Members' funds
125,305
130,963
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 September 2019.
Gabriel Gringo Orakpo
Director
Company Registration No. 07592170
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Notes to the Accounts
for the year ended 31 December 2018
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry is a private company, limited by guarantee, registered in England and Wales, registration number 07592170. The registered office is RCCG COVENANT RESTORATION ASSEMBLY, UPPER SPON STREET, COVENTRY, CV1 3BL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2018
169,756
36,295
7,310
21,519
234,880
At 31 December 2018
169,756
36,295
7,310
21,519
234,880
At 1 January 2018
10,147
21,831
3,924
17,124
53,026
Charge for the year
3,135
5,089
872
4,396
13,492
At 31 December 2018
13,282
26,920
4,796
21,520
66,518
At 31 December 2018
156,474
9,375
2,514
(1)
168,362
At 31 December 2017
159,609
14,464
3,386
4,395
181,854
Redeemed Christian Church Of God Covenant Restoration Assembly Coventry
Notes to the Accounts
for the year ended 31 December 2018
Accrued income and prepayments
13,771
13,171
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Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
2,831
2,831
Taxes and social security
(1,078)
-
Other creditors
9,439
2,188
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Creditors: amounts falling due after more than one year
2018
2017
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Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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Average number of employees
During the year the average number of employees was 0 (2017: 2).